Steven Madden (NASDAQ:SHOO) Updates FY 2025 Earnings Guidance

Steven Madden (NASDAQ:SHOO) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.300-2.400 for the period, compared to the consensus estimate of 2.580. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.3 billion.

Steven Madden Stock Performance

Shares of SHOO stock opened at $34.84 on Thursday. The company’s 50 day moving average price is $40.46 and its two-hundred day moving average price is $43.63. Steven Madden has a 52 week low of $34.56 and a 52 week high of $50.01. The company has a market capitalization of $2.52 billion, a P/E ratio of 14.83 and a beta of 1.07.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings data on Wednesday, February 26th. The textile maker reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.02. Steven Madden had a return on equity of 23.41% and a net margin of 7.68%. The firm had revenue of $582.32 million for the quarter, compared to analyst estimates of $550.37 million. Analysts forecast that Steven Madden will post 2.66 earnings per share for the current year.

Steven Madden Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend was Friday, December 13th. Steven Madden’s dividend payout ratio is currently 35.74%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of Steven Madden in a research note on Thursday. Jefferies Financial Group reissued a “hold” rating on shares of Steven Madden in a research note on Monday, February 3rd. Citigroup cut their price target on Steven Madden from $45.00 to $38.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Telsey Advisory Group decreased their target price on Steven Madden from $44.00 to $38.00 and set a “market perform” rating for the company in a research report on Thursday. Finally, StockNews.com downgraded shares of Steven Madden from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $42.00.

Steven Madden Company Profile

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The Wholesale Footwear segment designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes under the Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, and Anne Klein brands.